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PhosCan Chemical Corp PCCLF



GREY:PCCLF - Post by User

Post by FlipIT2wice-on Apr 26, 2012 9:04am
347 Views
Post# 19837818

$64 Million Cash w/ $59 Million MCap....

$64 Million Cash w/ $59 Million MCap....

Cash and cash equivalents plus short-term investments were $64,238,595 at Jan. 31, 2012,

 

During the quarter, the company announced a normal course issuer bid. Under the bid, the company has repurchased and cancelled 3,984,000 of its common shares

 

Current market Cap is $59 Million...... or
.38 cents per Share Cash

$80 Million has been Spend thsu Far Devloping their Phosphate property  that is NOT Getting reflected in the SP.

I can see a CARGILL or one of the Other Big Chem/Fert Players Taking this One Over Soon.

 

FOS Raised their Cash as High as $1.90 per share.

 

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